What is a dollar worth these days?
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That Richard Daughtry is a real hoot, too bad we can really hear what he is saying here.
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I really enjoyed your video. We will eventually have to return to some type of commodity backing for our currency. I have prepared a short video called "Economics for the Average Joe." I think you will find it both entertaining and informative.
Sanford Kahn
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The two people who clicked 'I dislike this' are Keynesian.
1 year ago 3
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Actually, the dollar today is worth the same as the dollar in 1913. Too bad we can't get any dollars - only Federal Reserve Notes, which are all but worthless.
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Oil to run out? Russia has 310 abiotic oil and gas wells, we have reamed practically all our oil and gas wells, we have plowed back more than 50% of our oil revenues into nuclear power production and heavy high-technology engineering industries so as not to become dependent on oil and gas revenues. The only russians protesting against Putin are those with western economic exposure and connections. The west's politicians knows the problems are a political liabilty, russians faces it face to face.
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The dollar is worth only 2 cents but in 1913 people made like $1000 a year and today they make $100,000 a year salary. Its really no difference. This inflation anomaly actually creates more investing opportunities. The problem with inflation is that wages are the last thing to rise. The fed should be abolished though. They steal.
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milk in new hampshire is 4 dollars
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Those Asians are buying precious metals, commodities, and land in the USA. They will own a big chunk of the US. The Asians are driving up the price of commodities. They realized that holding fiat currency is a worthless proposition, so they are putting more and more of their dollars in commodities instead of US bonds. This is bad news, everyone will pay higher prices for commodities.
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hahahaha of course its good - they gonna rip those chinese and the poor old Japs off with all their US bonds...
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i think it was funnier when he said it - once
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The private, for profit, Fed Bankers have our gold. I'll bet the Rothschilds sit on the world's largest hoarde with our 1913 dollar worth 2 freakin cents now.
marxbitesall 4 years ago 9
We should ask the federal reserve were our gold is!
ElGeneral09 4 years ago 8